Give it 50 years or so, but you will have a lot of Chinese speaking black people well trained in capitalism once the lease expires.
‘Lease Detroit to the Chi-Coms in return for a write-down in debt. They will have a special administrative region, sort of like Hong Kong, on North American soil. The residents will vote in local, but not state and national, elections.’
And what would be the amount of the debt write-down? What is the fair market value of a corrupt, crime-ravaged, crumbling city with a criminal population?
“Lease Detroit to the Chi-Coms in return for a write-down in debt. They will have a special administrative region, sort of like Hong Kong, on North American soil. The residents will vote in local, but not state and national, elections.”
Interesting, but not really a good idea.
To some degree this has happened all ready at some ports and construction projects here.
That money from Canada could be dedicated to specific expenses, such as pensions and public safety. The idea's brilliant but too far out of the box for anyone to have the courage to go that way. JMHO